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現在位置: ホーム シラバス(2019年度) 経営管理大学院 Specialized Subjects Development Dynamics and Policy Perspectives

Development Dynamics and Policy Perspectives

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開講年度・開講期 後期
配当学年 1.2
対象学生 Graduate
使用言語 英語
曜時限 火5
教員
  • Gautam Ray(経営管理大学院)
授業の概要・目的 Development discourses in the academia have largely been dominated by perspectives on economic development which in turn have been dominated by economic growth or GDP growth perspectives. Policy issues at the national, regional or global levels have been framed with an overwhelming emphasis on economic growth rather than on the well being of common people. It is therefore not surprising that development of institutions and organizations have largely focused on increasing the returns on investments by a class of resource providers in profit maximizing enterprises. With the financial crisis revealing the gross inadequacies of such an income growth-promoting policy perspective in western economies, it is now being increasingly realized that development perspectives and policy formulations that focus too much on shortterm return on investments may in fact be counter-productive. Not only that such perspectives and policies fail to sustain income growth, they also harm the interests of a vast majority of people in both developed and developing economies. A disconcerting consequence of such a policy perspective is increasing inequality of income and opportunities for human development that has been giving rise to widespread social and political unrest and threatening peace and stability across the world.
This course focuses instead on an inter-disciplinary development perspective that views economic development as an outcome of a broader social development dynamic sweeping across culture, institutions and organizations. It offers conceptual and theoretical frameworks necessary for understanding the broader development dynamics and how national governments pursue their respective developmental goals within the dynamics of broader social-economic development. According to this perspective, institutions and organizations evolve through self-reinforcing feedback dynamics across cultural-institutional sub-system and economic sub-system within the broader social system. One important implication of such a perspective is that business policies of transnational corporations need to be in sync with this broader social development dynamics in host countries in order to be perceived as legitimate social entities. Without accruing such legitimacy they cannot survive and sustain their growth in diverse social milieu in different countries. And economic development cannot be sustained without legitimate business enterprises.
The broad contours of the course content are given below.
到達目標 The goal of the course is to share knowledge on broader social development dynamics in both developed and emerging economies so that students can systematically think about how to develop legitimate and sustainable businesses that are in sync with the broader social development dynamic in a particular country.
授業計画と内容 Week1: Introduction; Defining ‘Development’ and distinguishing the notion of development from economic development and from economic growth; Measures of Development; Sarkozy Commission Perspective; the notions of ‘capability, ‘functioning’ and development as freedom; Sen-Dreze measure of Development; Introducing Hayami-Godo Framework and its modified version
Week 2: Modified Hayami-Godo Framework; Development Dynamics within Broader Social System; Describing cultural-institutional subsystem and economic sub-system and their inter-linkages within the broader social system; Role of institutions and organizations in Development; "Why Nations fail?"AcemogluRobinson Perspective
Week 3: History of modernization of Europe, USA and Japan
Week 4: History of Development of Japan Before World War II; A brief overview of classical and neoclassical theories of economic development: Malthus Ricardo, Lewis and Harrod-Domar Model,
Week 5: Solow Growth model and conditional convergence; Basic introduction of endogenous growth models Week 6: Role of State in Development
Week 7: Students' Presentation
Week 8: Social capital and development; Foundations of Collective Action
Week 9: Basic concepts in Public Finance and monetary policy; Public Private Partnerships Week10: Globalization; Western Financial crisis from2007-08:
Week11: International Trade; Foreign Direct Investment
Week12: Inequality, Economic Growth and Broader Social Development
Week13: Legitimacy perspectives in sustainable Development; Summing Up
Week 14 and 15: Final Paper Presentation and Final Round of Discussions about Development Dynamics
成績評価の方法・観点 Classroom discussion: 30% ; Mid-term Presentation: 40%; Final Paper 30%
履修要件 Basic knowledge of macro-economics and interest in understanding cross-disciplinary perspectives of broader social development dynamics and policy perspectives emerging from such dynamics
授業外学習(予習・復習)等 Students are expected to read the study material before coming to the class and ask questions in the class. It is seen that those who participate in classroom discussions get high grades I this course
参考書等
  • References: (1) World Development Report of the World Bank (2) Human Development Report of the United Nations (3) Annual Report of International Monetary Fund